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New Town
AREA REPORTS

New Town

New Town - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5554

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Property investors have seen a -7.02% drop in NEW TOWN based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains NEW TOWN, 5554 saw average growth in the long term.

The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $265,000

Profits averaged 4.66% per annum over a 3-year period, due to an upward trend in home prices in NEW TOWN, 5554.

The gross rental yield in NEW TOWN, 5554 is 0%.

An average of 2.08 real estate transactions take place per month in NEW TOWN which translates to 25 per annum.

Data report can be found below

New Town
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $265,000 N/A
GROWTH REPORT
Median Quarterly -7.02% N/A
Median 12 month -0.38% N/A
Median 3 years 13.98% N/A
Median 5 years 4.54% N/A
10 years average annual 0.3% N/A
Weekly media advert. rent N/A N/A
Time on Market 127.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
5233
Weekly Household Income
974
Household Size
2.30
Age
43
Monthly Loan Repayment
1155
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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